Pitney Bowes Inc reports results for the quarter ended in March - Earnings Summary

Pitney Bowes

04/05/2023 16:40

* Pitney Bowes Inc  PBI.N  reported a quarterly adjusted
loss of 1
cent​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for breakeven
results per share.
    * Revenue fell 10% to $834.54 million from a year ago;
analysts
expected $864.65 million. 
    * Pitney Bowes Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 100%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Pitney Bowes Inc shares had fallen by 15.7% this
quarter and
lost 13.7% so far this year.
    * Wall Street's median 12-month price target for Pitney
Bowes Inc
is $5.33 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 03:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.00           -0.01          Missed
 Dec. 31 2022      0.08           0.06           Missed
 Sep. 30 2022      0.02           0.00           Missed
 Jun. 30 2022      0.04           0.02           Missed